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Old 04-20-2003, 12:18 PM   #11
Whit
Umm ... yeah.
 
Join Date: Aug 2001
Location: Arkansas, USA
Posts: 949
     Hey, I just read something interesting on Jane's. They say Bush isn't going to lift sanctions unless Iraq starts trading oil with Isreal.
http://www.janes.com/regional_news/a...0416_1_n.shtml
Quote:
From Jane's:
US efforts to get Iraqi oil to Israel are not surprising. Under a 1975 Memorandum of Understanding (MoU), the US guaranteed all Israel's oil needs in the event of a crisis.
     Well that's interesting...
Quote:
The USA has another reason for supporting Paritzky's project: a land route for Iraqi oil direct to the Mediterranean would lessen US dependence on Gulf oil supplies. Direct access to the world's second-largest oil reserves (with the possibility of expansion through so-far untapped deposits) is an important strategic objective.
     This part I can see, and even like. It's a good objective.
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